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Equity markets are dominated by big corporations, so it’s not surprising that major indexes may not show the challenges facing mom-and-pop companies.
Estimates peg the cost of financial exploitation of older Americans around $2.9 billion a year, but many cases slip below the radar. Prevent elder abuse by learning to recognize the warning signs.
Tom Porcelli, a Managing Director and Chief U.S. Economist at RBC Capital Markets, joins Janet Engels, Head of the Portfolio Advisory Group – U.S., to discuss the post-COVID-19 U.S. economic recovery.
Start teaching basic investing when kids are around seven or eight years old. Parents can get started by examining their own beliefs and habits about money.
While the immediate future remains unclear, contrarian indicators can keep investors grounded in the belief the economic foundation will improve.
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